BitConnect – Real Opportunity or Scam? [Full Review]

Have you been wondering about BitConnect? Maybe get a review of how works, its features and what it can offer you?

Well, you’ve reached your destination because I’m going to share my honest BitConnect review.

Before I start…

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BitConnect Review

I write reviews that are not compromised. Specifically on making money online through the latest digital products and systems. From my experience of writing more than 250 reviews, I have become better positioned to give you straight points on what will work for you and what won’t. I regularly expose scams in the make money niche and more lately cryptocurrency niche having busted the likes of iCoin Market, iCoin Pro, plus many other “make money” scams like my home job connection.

Okay, enough of my credentials, let’s get down to the BitConnect Review.

Now, a lot of eyeballs have been rolling towards this company and high chances exist that they are in the process or have already contacted you about the opportunity, most likely through the email. Along the review, you’ll get to know what this company is, products they offer and some of its other features to enable you to be in possession of all necessary information you require to make a full and well-thought decision on this venture.

Establishment of the BitConnect company

On looking at the domain “BitConnect.co”, I can swiftly substantiate that the company behind the purchase of the domain has withheld its details. Hence what we know for now is that this domain came into existence on February 9th, 2016 when it was first registered. When you take a trip inside the website of the BitConnect, it relinquishes a very professional look and also comes with an introductory video of its own but when you dig a little deeper, what you only come across is a few shallow pages with little content.

BitConnect Products

There is no physical or digital product. What they are only showing us is that opportunity provided for you to earn daily returns’ on your invested money is through its affiliate programme. What this basically means is that when you put your Bitcoin into BitConnect account, is only when you get your daily returns’. The deposited Bitcoins become BitConnect coins and from here it’s used daily inside the company as a “Return on Investment” (ROI) that will enable you to earn. It’s very similar to other programs I have reviewed lately (Control Finance and Spey Invest are a couple of examples).

All ROIs are priced at 40% profit for any amount you invest in the company and if you get to join the affiliate programme inside BitConnect, earnings are guaranteed as well. Their compensation plan goes with the different levels available and one earns different referral bonuses percentage per each referred affiliate depending on the level they are in.

BitConnect Registration Fee?

It’s absolutely free to join as well as no recurrent fee thereafter. However, the affiliates referred are needed to put an upfront investment fee of between $100 and $100,000 for them to join and start earning returns as well as for the compensation plan. Obviously nothing is free you need to actually invest money and recruit other people if you want to see a profit from this opportunity.

To me this looks risky and has ponzi scheme written all over it unfortunately. That is what many of these cryptocurrency opportunities all have in common. Existing investors get paid off with funds from the new investors meaning when this no longer becomes an option, which will happen, BitConnect will shut down due to failure on meeting the supposed crazy returns where they will rip off the remaining investor’s funds and disappear, never to be heard off again.

Verdict & Recommendation

I simply cannot recommend BitConnect. I feel that it’s a risky business model and newbies could easily lose money.

Want to see what I do recommend?

Before you leave…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

I’ve personally been able to generate an extra $120k in the last 6 months from using this:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training for making 5-figures per month)

About the Author

Mark

Hi, I'm Mark. I figured out how to make a 6-figure income online and I've put this blog together to teach others how to do the same. Click here to see my no.1 recommendation...

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